OA
OANDA
Veteran forex broker since 1996, known for transparent pricing, no minimum deposit and robust API trading infrastructure.
NFA
FCA
ASIC
MAS
9
Trust Score
Excellent
Min Deposit
No minimum
Max Leverage
1:100 (US), 1:50 (retail)
Spreads from
From 0.6 pips (Standard)
Platforms
fxTrade+
Pros & Cons
Pros
- No minimum deposit required
- Trusted since 1996
- Regulated by NFA and FCA
- Strong API and algorithmic support
- Transparent pricing feed
Cons
- Limited crypto selection
- No copy trading
- Leverage low for US clients
Key Features
No Minimum Deposit
OANDA API Access
Advanced Order Types
Transparent Pricing
Currency Conversion Data
Regulatory Information
| Regulator | Jurisdiction | License No. |
|---|---|---|
| NFA | United States | 0325821 |
| FCA | United Kingdom | 542574 |
| ASIC | Australia | ACN 152 088 349 |
| MAS | Singapore | 200704926K |
About OANDA
OANDA has been providing forex data and trading services since 1996, making it one of the longest-established online brokers. The company is regulated by the NFA, CFTC, FCA, IIROC, MAS and ASIC.
OANDA is well-regarded for its transparent, no-dealing-desk execution, competitive pricing with no minimum deposit requirement, and its professional-grade fxTrade platform. It is a favourite among independent traders and algorithmic trading developers who use the OANDA API.
Risk Warning:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
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